Strategy

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Strategy

How to deliver a superior customer experience

Consumers have become more discerning about insurance buying and with household incomes now being squeezed hard, it is incumbent on insurance providers to really listen to their customers and provide relevant products. This blog outlines how insurers can deliver a superior customer experience.

Customer retention: Mind the gap

Acquiring a new customer is between five and 25 times more expensive than retaining an existing one. Within insurance, the average customer retention rate is just 84%. This blog highlights how a four-step systematic and scientific process can help insurers improve customer retention.

Panel debate: Embedded insurance

In this panel debate, Shreyas Vasanthkumar, Duck Creek’s managing director, EMEA, joins executives from Swiss Re, Munich Re, Zurich, and Helvetia to discuss embedded insurance. Watch this video to find out how to expand your ecosystem partnerships to increase penetration and win new customers.